Cryptocurrency news

• Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300

  22-11-2019 23:47 via cointelegraph.com
  
  Friday shows a bloodbath for the entire crypto markets, with BTC hovering above $7,300
  
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• Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill

  22-11-2019 23:30 via cointelegraph.com
  
  Finland is coordinating a simulated Bitcoin ransomware attack on more than 200 Finnish cities and organizations
  
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• $4.3 Million in Cryptocurrency Seized from New Zealand Digital Pirate

  22-11-2019 23:00 via newsbtc.com
  
  A man suspected of online piracy has had almost US$4.3 million in cryptocurrency seized by authorities in New Zealand. Police also seized a further $700,000 in bank funds.
  The funds were restrained by the Criminal Proceeds Recovery act. It is by far the largest seizure of cryptocurrency ever in New Zealand.
  NZ Authorities Seize Online Pirate’s $4.3 Million Cryptocurrency Stash
  According to a report in local publication NZ Herald, police have seized around US$5 million in cryptocurrency and
  
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• Introducing the CoinDesk Markets Daily Podcast

  22-11-2019 22:42
  
  Welcome to CoinDesk Markets Daily, a new podcast that gives you all the trading news you need in 10 minutes.
  
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• JPMorgan Tests Private Blockchain to Track Auto Dealer Inventory

  22-11-2019 22:30
  
  JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers.
  
  
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• Bitcoin Support Level May Spark Explosive Bull Movement, If It’s Defended

  22-11-2019 22:00 via newsbtc.com
  
  Bitcoin (BTC) has found itself caught firmly within a bearish downtrend over the past several weeks, which has led its price to plummet down to $7,000, with today’s drop marking a full retrace of the gains that were incurred in late-October.
  Analysts are now noting that Bitcoin is currently trading at a key long-term technical support level, which has historically catalyzed massive movements when it is ardently defended by buyers.
  Bitcoin Plummets Below $7,000 Amidst Sharp Overnight Sell-O
  
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• Global Debt Reaches New Highs — Is BTC a Solution or a Beneficiary?

  22-11-2019 21:03 via cointelegraph.com
  
  Bitcoin to replace fiat currency? “The Apples, Googles — the world’s largest companies — are using U.S. dollars still. When they switch over to Bitcoin, we can have that conversation.” — Vinny Lingham
  
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• Ex-UNICEF UK CEO to Join Crypto Firm to Push Electroneum (ETN) Adoption

  22-11-2019 21:00 via newsbtc.com
  
  David Bull CBE, has just announced that he will be working with the crypto asset startup Electroneum. The former UNICEF UK CEO says he is optimistic about the project and thinks that it will help to deliver on Sustainable Development Goals aimed at increasing the standard of living for the planet’s poorest by 2030.
  Bull says that he will be using his considerable experience in the charity sector to help Electroneum deliver on its humanitarian mission to extend bank-like services to those c
  
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• After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

  22-11-2019 20:21 via cointelegraph.com
  
  A bottom may be close for Bitcoin following a steep drop to $7,000
  
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• Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’

  22-11-2019 20:15
  
  China's central bank has formally issued a new plan to crack down on crypto businesses.
  
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• Bitcoin Price Due For a Bounce According to ‘Nokia Curse’

  22-11-2019 20:00 via newsbtc.com
  
  It’s not uncommon for technical crypto analysts to compare Bitcoin price charts with that of other assets hoping to draw some comparisons that an actionable strategy can be derived from.
  The leading crypto asset by market cap has been closely following the price action of early Nokia stocks, and if Bitcoin continues to follow the pattern closely, a bounce is due in the near term.
  Bitcoin Price Ready to Bounce If Nokia Curse Fractal Is Followed
  In recent weeks, analysts trying to find meani
  
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• Price Analysis 22/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

  22-11-2019 19:55 via cointelegraph.com
  
  Swing traders are watching closely as Bitcoin and many altcoins are deeply oversold and a sharp relief rally could occur over the next few days
  
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• Where’s the Ultimate Bottom for this Bitcoin Plunge? $5,100, Analyst Says

  22-11-2019 19:48 via newsbtc.com
  
  Bears are back, and they’re back with a vengeance. As of the time of writing this, Bitcoin (BTC) is trading at $7,100, having plunged as low as $6,800 — an extremely important long-term price level. The cryptocurrency market is down some 8% in the past 24 hours, and seems poised to tumble lower.
  With that said, where will Bitcoin bottom? When will the pain finally stop for the leading crypto asset, which has drawn down from $14,000 to $7,000 over the past few months with little signs
  
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• Grayscale to Launch Diversified Crypto Fund for Public Trading in Apparent 1st in US

  22-11-2019 19:47 via cointelegraph.com
  
  Grayscale says that its diversified crypto fund will launch for public trading soon — a supposed first in the U.S. — following regulatory approval
  
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• Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges

  22-11-2019 19:10
  
  A Manhattan court convicted Mark Scott, OneCoin's lawyer, for fraud after he laundered $400 million for the crypto Ponzi scheme.
  
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• US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government

  22-11-2019 19:08 via cointelegraph.com
  
  Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
  
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• Crypto Market Carnage: Altcoins A Sea of Red As Bitcoin Breaks Down

  22-11-2019 19:00 via newsbtc.com
  
  The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others.
  Is this time to buy the blood in the streets, so to speak, or has the crypto market carnage only just begun?
  Altcoins Bleed Out As Bitcoin Breaks Through Support
  This morning, Bitcoin price broke down from supp
  
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• Morocco Plans to Expand Access to Financial Services With Fintech

  22-11-2019 18:26 via cointelegraph.com
  
  Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector
  
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• Bavarian Government to Issue Blockchain-Based Training Certificates

  22-11-2019 18:06 via cointelegraph.com
  
  Starting in spring 2020, the Bavarian state government will use blockchain technology to test forgery-proof training certificates
  
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• HODLers Are ‘In the Money’ Despite Bitcoin’s Drop to Six-Month Lows

  22-11-2019 17:50
  
  Fifty-four percent of bitcoin addresses are making money on their investments despite the cryptocurrency's drop to six-month lows, according to data from IntoTheBlock.
  
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• Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation

  22-11-2019 17:36 via cointelegraph.com
  
  Harvard University’s Digital Currency Wars simulation considers a hypothetical future crisis scenario involving a DPRK nuke purchase facilitated by a digital yuan
  
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• Tunisia Denies CBDC Reports: Here Is How the False News Spread

  22-11-2019 17:20 via cointelegraph.com
  
  The Tunisian CBDC situation has been a mess. It started with fake reports run by Russian media, possibly caused by a Russian startup exaggerating its partnership with the Tunisian government
  
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• Tezos Partners With Singapore Gov’t Blockchain Platform for Training Program

  22-11-2019 17:07 via cointelegraph.com
  
  Tezos has partnered with Singapore-based Tribe platform to jointly launch a training program to attract more developers to create Tezos blockchain-based solutions
  
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• EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China

  22-11-2019 16:15
  
  A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation.
  
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• CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

  22-11-2019 15:56 via cointelegraph.com
  
  CFTC chairman Heath Tarbert says that the authority does not want to snuff out innovation by overregulating crypto
  
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• What Bull Run? Bitcoin Price Blasts Below $7,000

  22-11-2019 15:44 via newsbtc.com
  
  Following an incredible parabolic rally and recovery during the first half of the year in 2019, Bitcoin price has spent the second half of the year in an ongoing downtrend that has taken the price of the asset back into a range not traded in since the depths of the bear market.
  Does this mean that Bitcoin has a lot longer to wait before it enters a bull market once again? Or is this just a shakeout before the market moves up once again?
  Bitcoin Price Blasts Below $7,000, Is The Crypto Market in
  
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• Blockchain Security Firm CertiK to Launch Beta for Smart Contracts-Focused Chain

  22-11-2019 14:58 via cointelegraph.com
  
  The CertiK Foundation is about to launch the Testnet 3.0 open beta for CertiK Chain
  
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• New Report on Crypto’s Legal Status in UK Lays Out Regulation Options

  22-11-2019 14:05 via cointelegraph.com
  
  Experts believe new legal statement on crypto will help London keep its crown as the epicentre of the financial world, “The UK was, is, and will be the leading financial center of the world.”
  
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• Mnuchin’s Number Two Says Private Cryptos Pose Threat to Government Power and Will Be Watched

  22-11-2019 14:03
  
  The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a "hard look" at that, he said.
  
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• Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report

  22-11-2019 14:01 via cointelegraph.com
  
  Alibaba’s filmmaking arm Alibaba Pictures signed an agreement with SingularDTV to tokenize the distribution rights of its new movie
  
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• Human Rights Foundation: Stablecoin Privacy Is ‘Extremely Lackluster’

  22-11-2019 13:03 via cointelegraph.com
  
  The Human Rights Foundation has published its analysis of major stablecoins’ privacy tooling and censorship resilience, stating that stablecoin privacy is “extremely lackluster”
  
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• Bitcoin Nears Key Golden Cross as Price Falls to $7,400: Bull Case Alive

  22-11-2019 13:00 via newsbtc.com
  
  It seems that all the odds are stacked against Bitcoin (BTC) once again. Over the past few days, the leading cryptocurrency has lost the key $8,000 support level for the umpteenth time in a matter of a few weeks, tumbling from that level to $7,400 over the past 48 hours.
  Related Reading: Bitcoin Price Jumped 42% Last Time It Hit This Level, and BTC Has Tapped It Again
  While BTC remains a tad above the $7,300 low seen in late October, analysts suggest that the crypto market is ready to head lower
  
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• China’s Central Bank Gearing Up to Crack Down Crypto Trading

  22-11-2019 12:53
  
  The country previously banned all crypto exchanges and ICOs in September 2017.
  
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• What a Schwab-TD Ameritrade Merger Would Mean for Crypto

  22-11-2019 12:40
  
  A takeover of TD Ameritrade by Charles Schwab would marry one of the few mainstream financial firms to embrace crypto with one whose stance is less clear.
  
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• Calamity or Opportunity? The Effects of Brexit on Crypto

  22-11-2019 12:17
  
  As another deadline approaches, questions over how Brexit will affect crypto continue to hang in the air.
  
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• European Investment Fund Unveils €400M Blockchain, AI Initiative

  22-11-2019 12:05 via cointelegraph.com
  
  EIF launches blockchain and AI-specific investment scheme
  
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• Bitcoin Price Dips to Six-Month Low of $7,000

  22-11-2019 12:00
  
  Bitcoin’s price dropped to a six-month low on Friday, with a widely tracked technical indicator reporting the strongest bearish bias in eight months.
  
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• US Lawyer Convicted for Laundering $400 Million of OneCoin Proceeds

  22-11-2019 11:33
  
  He is now facing maximum jail time of 50 years.
  
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• Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Local Exchanges

  22-11-2019 11:04 via cointelegraph.com
  
  China seeks to reinforce the crypto trading ban
  
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• Canada: Thieves Steal $4K From Bitcoin ATM, Leave $50K Untouched

  22-11-2019 10:44 via cointelegraph.com
  
  Two men have stolen $4,000 from a Bitcoin ATM in a small-town grocery store, but left $50,000 behind in an overlooked canister
  
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• Bakkt’s Bitcoin Futures Launch in Singapore in Just Two Weeks

  22-11-2019 10:36
  
  Bakkt, the bitcoin subsidiary of NYSE owner ICE, has announced the launch date and specs for its Singapore-listed, cash-delivered bitcoin futures.
  
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• Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin

  22-11-2019 10:35 via newsbtc.com
  
  The Shanghai branch of the People’s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising/token distribution methods.
  Related Reading: Bitcoin Readying to Drop 85% to $1,000, Schiff Says
  The announcement continued that the sale of tokens for Bitcoin, Ethereum, and other virtual currenci
  
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• ‘OK Doomer’ — Peter Schiff Is Convinced Bitcoin Will Now Crash to $1K

  22-11-2019 10:13 via cointelegraph.com
  
  Bitcoin should logically return to $1K, says gold bug Peter Schiff
  
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• Fidelity Digital Assets to Sign Up Its First Crypto Exchange by End of the Year

  22-11-2019 10:05
  
  Fidelity Digital Assets expects to sign its first crypto exchange partner by year-end, giving clients access to a broader pool of liquidity.
  
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• Coinbase Custody Extends Crypto Staking to Global Investors

  22-11-2019 09:50 via cointelegraph.com
  
  International institutional clients are eligible for Coinbase Custody’s staking services as of this week
  
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• Bakkt Reaches Singapore with Cash-Settled BTC Futures

  22-11-2019 09:33
  
  The contracts will be listed on December 9.
  
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• China: Shenzhen Identifies 39 Crypto Exchanges Defying Trading Ban

  22-11-2019 09:11 via cointelegraph.com
  
  Shenzhen lists 39 crypto exchange in line for shutdown
  
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• ICE Officially Confirms Dec. 9 Launch of Cash-Settled Bitcoin Futures

  22-11-2019 08:44 via cointelegraph.com
  
  A new cash-settled version of Bakkt’s monthly Bitcoin futures contract will launch on Dec. 9, ICE has publicly confirmed
  
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• Chaos or Hoax? Binance, Bithumb Deny Claims of Shanghai Office Raid

  22-11-2019 08:17
  
  Binance doesn’t have a physical office in Shanghai, a spokesperson said.
  
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• Tagomi Co-Founder: Big Tech will Bring Institutionals to Crypto

  22-11-2019 08:07
  
  Marc Bhargava spoke to Finance Magnates on Tagomi's history and future plans, and his predictions for the crypto space.
  
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